Examples of Comcast Note in a sentence
The fair value of the Comcast Note, classified as a Level 3 instrument, was determined based on the fair value of a similar instrument as of the reporting date using updated interest rate information derived from changes in interest rates since inception to the reporting date.
The estimated fair value of the Comcast Note approximates carrying value.
On April 17, 2015, the Company used the net proceeds from its issuance of its 2022 Notes, along with the 2015 Credit Facility and Comcast Note, to refinance certain indebtedness and finance the purchase of the membership interests of an affiliate of Comcast Corporation (“Comcast”) in TV One (the “Comcast Buyout”).
The fair value of the Comcast Note was approximately $11.9 million as of March 31, 2018, and as of December 31, 2017.
Comcast Note The Company also has outstanding a senior unsecured promissory note in the aggregate principal amount of approximately $11.9 million due to Comcast (“Comcast Note”).
In connection with the Comcast Buyout, the Company acquired all of Comcast’s membership interest in TV One for approximately $221.7 million which consisted of approximately $211.1 million in cash paid at closing with a subsequent favorable working capital adjustment of approximately $1.3 million and the issuance of the Comcast Note in the amount of approximately $11.9 million.
Further information on policy options being considered for the Regional Official Plan are provided in Section 6 of the discussion paper.
The fair value of the Comcast Note was approximately $11.9 million as of December 31, 2016 and 2015.
The fair value of the Comcast Note was approximately $11.9 million as of December 31, 2018 and 2017.
Finally, we also have outstanding our senior unsecured promissory note in the aggregate principal amount of approximately $11.9 million under the Comcast Note.